New Issue: Morgan Stanley prices $11.94 million trigger PLUS linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., April 10 – Morgan Stanley Finance LLC priced $11.94 million of 0% trigger Performance Leveraged Upside Securities due April 5, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the index return is positive, the payout at maturity will be par of $10 plus 235% of the index return. If the index declines by 35% or less, the payout will be par. If the index declines by more than 35%, investors will lose 1% for every 1% that the final index level is less than the initial index level.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$11,943,410
Maturity:	April 5, 2023
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 235% of index return; if index declines by 35% or less, par; if index finishes below trigger level, 1% loss for every 1% that final index level is less than initial index level
Initial level:	3,500.93
Trigger level:	2,275.605, 65% of initial level
Pricing date:	March 31
Settlement date:	April 5
Agent:	Morgan Stanley & Co. LLC
Fees:	3.5%
Cusip:	61766V586

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.